maartunn2025-05-13

Binance Reserve Ratio Above 100% for 30 Consecutive Months!

Since the collapse of FTX in late 2022, on-chain transparency has become an important measure of exchange health. Each month, Binance reveals its Proof-of-Reserve (PoR) data. On May 1, 2025, the latest snapshot was published. Let’s take a closer look. Snapshot details: - Date | 2025-05-01 - Block Height: 894,668 - Customer Net Balances: 604,410 BTC - Binance Net Balance: 616,886 BTC - Exchange Balance: 603,374 BTC - Third-Party Custody: 13,512 BTC - Reserve Ratio: 102% Key Takeaways - Maintain a Reserve Ratio above 102%, fully backing all customer funds (and then some). - Hold 603,374 BTC on-chain; the remaining 13,512 BTCB (Bitcoin on BNB Smart Chain) resides in third-party custody. - Use BTCB for the third-party portion, ensuring cross-chain liquidity. - Verify that the exchange’s reported Bitcoin balance matches the on-chain snapshot at block height 894,668. Conclusion Since publishing their first Proof-of-Reserve report in late 2022, Binance has consistently maintained a reserve ratio above 100%. This shows a strong asset backing and ongoing commitment to transparency.